Head – Financial Management/Planning & Control – BFSI HeadSpace HR

The Corporate Institute; Delhi; On-site; INR 1,200,000 - 2,000,000; Full time

Job summary

The Corporate Institute in Delhi is seeking an experienced finance professional to oversee financial reporting, budgeting, and strategic planning to support sustainable growth. You will lead a team across accounting, controls, and regulatory functions, delivering timely, accurate financial insights for decision-making.

Your responsibilities include ensuring robust internal controls, coordinating audits, and communicating with senior management on financial performance and risks to drive informed

Responsibilities

• Overseeing the preparation of financial statements, including income statements, balance sheets, and cash flow statements.
• Developing and managing annual and quarterly budgets for various departments or projects within the organization.
• Conducting financial analysis to identify trends, opportunities, and potential risks.
• Participating in the development of financial strategies and long-term financial planning.
• Identifying financial risks and implementing strategies to mitigate them.
• Establishing and monitoring internal controls to safeguard assets and ensure compliance with financial regulations.
• Coordinating and participating in financial audits, both internal and external.
• General Ledger Management: Ensuring accurate and up-to-date record-keeping of financial transactions in the general ledger.
• Accounts Payable and Receivable: Supervising the accounts payable and accounts receivable processes, including vendor payments and customer collections.
• Tax Compliance: Managing tax compliance and ensuring that the organization meets all tax obligations.
• Compliance: Ensuring compliance with financial laws, regulations, and reporting requirements.
• Regulatory Reporting: Preparing and submitting required financial reports to regulatory authorities.
• Cash Flow Management: Managing the organization’s cash flow to ensure it has enough liquidity to meet its financial obligations.
• In-depth knowledge of Banking Operations.
• Knowledge of EXIM transactions, letters of credit and receivable discounting.
• Investment Management: Making decisions about where to invest surplus funds to generate returns.
• Supervision: Leading and managing a team of finance and accounting professionals, including setting goals and performance evaluations.
• Training: Providing training and professional development opportunities for the finance and accounting team.
• Stakeholder Communication: Communicating financial information and insights to senior management, board members, and other stakeholders.
• Financial Presentations: Preparing and delivering financial presentations to support decision-making.

Job description

Financial Reporting:

– Overseeing the preparation of financial statements, including income statements, balance sheets, and cash flow statements.

Budgeting:

– Developing and managing annual and quarterly budgets for various departments or projects within the organization.

Financial Analysis:

– Conducting financial analysis to identify trends, opportunities, and potential risks.

Strategic Planning:

– Participating in the development of financial strategies and long-term financial planning.

Risk Management:

– Identifying financial risks and implementing strategies to mitigate them.

Internal Controls:

– Establishing and monitoring internal controls to safeguard assets and ensure compliance with financial regulations.

Audit:

– Coordinating and participating in financial audits, both internal and external.

Accounting and Statutory Compliance:

– General Ledger Management: Ensuring accurate and up-to-date record-keeping of financial transactions in the general ledger.

– Accounts Payable and Receivable: Supervising the accounts payable and accounts receivable processes, including vendor payments and customer collections.

– Tax Compliance: Managing tax compliance and ensuring that the organization meets all tax obligations.

– Compliance: Ensuring compliance with financial laws, regulations, and reporting requirements.

– Regulatory Reporting: Preparing and submitting required financial reports to regulatory authorities.

Fund Management:

– Cash Flow Management: Managing the organization’s cash flow to ensure it has enough liquidity to meet its financial obligations.

– In-depth knowledge of Banking Operations.

– Knowledge of EXIM transactions, letters of credit and receivable discounting.

– Investment Management: Making decisions about where to invest surplus funds to generate returns.

Team Management:

– Supervision: Leading and managing a team of finance and accounting professionals, including setting goals and performance evaluations.

– Training: Providing training and professional development opportunities for the finance and accounting team.

Communication:

– Stakeholder Communication: Communicating financial information and insights to senior management, board members, and other stakeholders.

– Financial Presentations: Preparing and delivering financial presentations to support decision-making.